training

VE provides owner company’s with bespoke training programs, seminars and workshops in the areas of Total Cost Management, Cost Engineering, Project Control, Cost Estimating, and Risk Analysis and Project Risk Quantification. John K. Hollmann PE CCP CEP DRMP is the instructor for all courses.

2-day Seminars on

Project Risk Quantification

(see text of same title

he

re

)

OPEN FOR REGISTRATION NOW! >ORLANDO, FL: June 10-11: via AACE (1.5 day): register here. AGENDA: DAY 1: INTRODUCTION & FUNDAMENTALS Introduction to Project Risk Management Process Definitions, Terminology, Taxonomy Introduction to Probability and Statistics Accuracy; Industry Research Findings Investment/Bidding Decision Making Process Phase-Gate Processes and Classification Decision Models and Risk Quantification Risk Quantification Introduction Principles of Risk Quantification & Methods Alignment and Integration of Methods DAY 2: METHODS & APPLICATION Methods-Basic Systemic Risks & Parametric Modeling (working Excel Model provided!) Specific Risks & Expected Value w/MCS Methods-Extended Escalation and Exchange Program and Portfolio Analysis Tipping Point Analysis Supporting Practices Communicating Results; Making a Difference Project Historical Databases Considering Risks Organizing for Effective Risk Quantification

Decision and Risk Management-General (textbook is “

Project Risk Quantification

”)

* Definitions, Terminology, Taxonomy, Standards * Integrated Processes to support TCM * Qualitative vs. Quantitative Analysis * Human Elements (bias, psychology, etc.) * Integrating Risk and Value Management * Risk Identification, Facilitation/Elicitation * Risk Analysis * Risk Treatment * Risk Control * Cost and Schedule Contingency Methodologies * Other Risk Methodologies (Escalation, Currency, etc.) * Decision Analysis * Decision Analysis Methodologies and Models * Presenting and Communicating Results and Decisions

TCM/Cost Engineering Process

* TCM Process Overview * Strategic Asset Management and Project Control * Asset and Project Life Cycles, Portfolios and Programs * Capital Project Systems (Phase-Gate Systems) * Capex Investment Options Identification and Development * Capex Investment Risk Analysis and Decision Making * Profitability * Value Improving Practices * Risk Management * Knowledge Management * Project Planning * Organization and Leadership for TCM * Establishing and Communicating Goals and Objectives

Cost Estimating (also a CEP Course)

* Definitions and Terminology * Estimate Types/Classifications and Technical Deliverables * Estimate Preparation Workflow * Estimate Components/Structuring the Estimate * Overview of Estimating Methodologies * Capacity Factored Estimating * Equipment Factored Estimating * Parametric Estimating * Detailed Estimating * Costing/Pricing/Adjustments/Allowances * Accuracy/Statistics * Risk Analysis/Contingency/Escalation * Presenting the Estimate/Basis of Estimate * Estimate-Schedule Integration * Estimate Review & Validation * Project Knowledge Bases * Organization for Estimating * Dealing with Mega-Projects
© Validation Estimating LLC
© Validation Estimating LLC

training

VE provides owner company’s with bespoke training programs, seminars and workshops in the areas of Total Cost Management, Cost Engineering, Project Control, Cost Estimating, and Risk Analysis and Project Risk Quantification. John K. Hollmann PE CCP CEP DRMP is the instructor for all courses.

2-day

Seminars

on

Project    

Risk

Quantification

(see

text

of

same

title

he

re

)

OPEN FOR REGISTRATION NOW! >ORLANDO, FL: June 10-11: via AACE (1.5 day): register here. AGENDA: DAY 1: INTRODUCTION & FUNDAMENTALS Introduction to Project Risk Management Process Definitions, Terminology, Taxonomy Introduction to Probability and Statistics Accuracy; Industry Research Findings Investment/Bidding Decision Making Process Phase-Gate Processes and Classification Decision Models and Risk Quantification Risk Quantification Introduction Principles of Risk Quantification & Methods Alignment and Integration of Methods DAY 2: METHODS & APPLICATION Methods-Basic Systemic Risks & Parametric Modeling (working Excel Model provided!) Specific Risks & Expected Value w/MCS Methods-Extended Escalation and Exchange Program and Portfolio Analysis Tipping Point Analysis Supporting Practices Communicating Results; Making a Difference Project Historical Databases Considering Risks Organizing for Effective Risk Quantification

Decision

and

Risk

Management-

General

(textbook

is

Project

Risk

Quantification

”)

* Definitions, Terminology, Taxonomy, Standards * Integrated Processes to support TCM * Qualitative vs. Quantitative Analysis * Human Elements (bias, psychology, etc.) * Integrating Risk and Value Management * Risk Identification, Facilitation/Elicitation * Risk Analysis * Risk Treatment * Risk Control * Cost and Schedule Contingency Methodologies * Other Risk Methodologies (Escalation, Currency, etc.) * Decision Analysis * Decision Analysis Methodologies and Models * Presenting and Communicating Results and Decisions

TCM/Cost Engineering Process

* TCM Process Overview * Strategic Asset Management and Project Control * Asset and Project Life Cycles, Portfolios and Programs * Capital Project Systems (Phase-Gate Systems) * Capex Investment Options Identification and Development * Capex Investment Risk Analysis and Decision Making * Profitability * Value Improving Practices * Risk Management * Knowledge Management * Project Planning * Organization and Leadership for TCM * Establishing and Communicating Goals and Objectives

Cost Estimating (also a CEP Course)

* Definitions and Terminology * Estimate Types/Classifications and Technical Deliverables * Estimate Preparation Workflow * Estimate Components/Structuring the Estimate * Overview of Estimating Methodologies * Capacity Factored Estimating * Equipment Factored Estimating * Parametric Estimating * Detailed Estimating * Costing/Pricing/Adjustments/Allowances * Accuracy/Statistics * Risk Analysis/Contingency/Escalation * Presenting the Estimate/Basis of Estimate * Estimate-Schedule Integration * Estimate Review & Validation * Project Knowledge Bases * Organization for Estimating * Dealing with Mega-Projects